Capstone Copper (TSE:CS) Given New C$12.50 Price Target at CIBC

Capstone Copper (TSE:CS) had its target price boosted by CIBC from C$12.00 to C$12.50 in a report released on Monday,BayStreet.CA reports. CIBC’s price objective suggests a potential upside of 28.07% from the company’s current price.

CS has been the topic of several other research reports. Eight Capital increased their price target on shares of Capstone Copper from C$14.00 to C$15.00 in a research report on Friday. Scotiabank increased their price objective on shares of Capstone Copper from C$12.00 to C$13.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 2nd. BMO Capital Markets increased their price objective on shares of Capstone Copper from C$11.00 to C$11.50 in a research note on Friday, August 2nd. Raymond James set a C$12.00 price objective on shares of Capstone Copper and gave the stock an “outperform” rating in a research note on Tuesday, September 3rd. Finally, Canaccord Genuity Group dropped their price objective on shares of Capstone Copper from C$15.00 to C$14.00 in a research note on Monday, November 4th. Twelve equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Capstone Copper currently has an average rating of “Buy” and an average target price of C$12.84.

Capstone Copper Trading Down 2.8 %

CS traded down C$0.28 during trading on Monday, hitting C$9.76. The company’s stock had a trading volume of 1,823,214 shares, compared to its average volume of 2,246,917. The firm’s 50 day moving average price is C$10.15 and its 200-day moving average price is C$9.74. The company has a debt-to-equity ratio of 40.10, a current ratio of 0.94 and a quick ratio of 0.98. The stock has a market cap of C$7.35 billion, a PE ratio of -46.43, a PEG ratio of -0.09 and a beta of 2.14. Capstone Copper has a twelve month low of C$5.26 and a twelve month high of C$11.51.

Capstone Copper (TSE:CS) last released its quarterly earnings data on Thursday, October 31st. The mining company reported C$0.04 EPS for the quarter, missing analysts’ consensus estimates of C$0.11 by C($0.07). Capstone Copper had a negative return on equity of 1.24% and a negative net margin of 1.47%. The firm had revenue of C$572.14 million for the quarter, compared to analyst estimates of C$612.00 million. On average, analysts expect that Capstone Copper will post 0.8541833 earnings per share for the current year.

Insider Activity at Capstone Copper

In other news, Director Humberto Antonio Fernandois sold 29,906 shares of the company’s stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of C$9.26, for a total transaction of C$276,977.41. Also, Director Darren Murvin Pylot sold 500,000 shares of the company’s stock in a transaction that occurred on Friday, November 8th. The stock was sold at an average price of C$10.50, for a total transaction of C$5,249,450.00. In the last 90 days, insiders sold 974,079 shares of company stock valued at $10,016,304. Insiders own 15.37% of the company’s stock.

Capstone Copper Company Profile

Capstone Copper Corp. operates as a copper mining company in the United States, Chile, and Mexico. It primarily explores for copper, silver, zinc, and other metals. The company owns 100% interests in Pinto Valley copper mine located in the Arizona, the United States; Mantos Blancos copper-silver mine located in the Region of Antofagasta, Chile; Santo Domingo copper-iron-gold-cobalt project located in the Atacama region, Chile; and Cozamin copper-silver mine located in the Zacatecas, Mexico.